So, next time when someone tells you that Crypto currencies are used for scams, please highlight the fact that most scams are still being done under the nose of the regulated financial industry.

I totally agree! The world was already full of scammers and fraudsters before we met cryptocurrency. Sometimes media just acts like they were no criminals or scammers before crypto. Its so stupid. Scammers always find ways to get what they want, they do it even with the most legalized businesses. No need to blame Btc for this type of stupid things.